Snizzle

I think the issue during my support period of SLMU was that there were too many lies all around and a disfunctional manner of managing. Chuck was operating with me from a set of assumptions that was faulty. Jack, who is as good a networker as I've ever met, was holding onto the marketing reigns although he probably couldn't tell you what the difference between sales and marketing is, if asked. And MM was not as forthright as he could have been about what he had promised me vs what he had promised them. Yet, if I seem forgiving, its because I prefer to be that way. Doesn't do anything for me to hold onto grudges, in fact its quite the destructive thing to do so.

I agree that the headline was quite personal and I think its fair to say is a strong indicator of how the two feel about each other. Chuck sues MM for shares of SLMU he never handed over and MM sues Chuck for his part in devaluing SLMU shares.

By bringing Abe Morris' name into the picture however, MM has clearly indicated that there are specific players whom he feels have defrauded SLMU. Let's just say that ring-side seats to these venues would make for great theatre.

Too bad there isn't an Emmy for "Best Performance by Former Partners". I'm not sure which one of them would win it, yet it sure would be interesting to watch. I'd stay tuned!

Celt
There is NO QUESTION that all is not above board. There is NO QUESTION that no value has yet been captured from the announced projects. There is NO QUESTION that the lawsuits flying back and forth will one day be resolved. And there is NO QUESTION that SLMU is not an operating company in the true sense of the word...its still just a shell with more pawns.

When we see consecutive quarters with real revenues, we will then see a real company emerge. I suspect we will one day see that, yet it won't be very very soon. Rather the value of this lawsuit is to try to capture value from what moves were made early on by the CEO and Chairman of SLMU. Because he holds still the largest amount of shares under his control and therefore retains an incentive to increase those shares values. This is one way of attempting to do that.

If I were GM and the funds backing Visole, I'd buy him out for a nice tidy sum and make him go away. They have that power..they simply have to decide if they want to use it or not...

AJ

i wouldn't throw away the value fo such a lawsuit so quickly..

1.Remember that Bryant sued MM for SLMU shares in California, a case which is ongoing.
2.Sunlogics PLC has been delisted by its new management from the German stock exchanges thereby limiting SLMUs ability to sell its PLC shares.
3. Visole Energy, the new name of Sunlogics Inc, is running around trying to raise 200million for GM projects http://tagenergypartners.com/news/
4. I have heard that Sunlogics didn't honor SLMUs right of first offer on some projects.

So what MM is doing is creating leverage against their lawsuit in California and pursuing the new CEO of Sunlogics Inc and Bryant because SLMU claims they have diluted the PLC share value for SLMU to almost nothing,through questionable manoeuvres .

While I agree that focus on business development and updates on reality of announced projects would be preferable, this move is understandable.I am not commenting on the voracity of SLMU claims against Bryant or Morris. I believe Bryant is a good man in his heart, yet was never involved in sufficient details to be able to comment on claims on how he operated SLMU.

If management is letting it freefall its because they either have:

1. Sold all they wanted to in SLMU and have already tendered their stock into DSTI.
2. Are buying in this freefall just ahead of the tender process announcement.
3. Are buying in this freefall just ahead of funding news for DSTI which will make SLMU skyrocket until tender is done.
4. Showing the funds they are negotiating an exit from lawsuit with with that without their "support" of the stock price, it will drop to zero as a pressure tactic in negotiations.
5. They have nothing positive to announce.

There is no other plausible reason that they would not be announcing SOMETHING to prevent further value depletion....

I don't own any SLMU stock so I don't get any info from them. Someone that I know who does stated that he got something a few weeks ago yet nothing since. He has not tendered his stock.

I think far too many people are calling ORSAY and expecting them to say anything other than what has been publicly announced. They protect themselves by sticking to a script and technically they are correct. Yet people call them and read into what they are told to create hype on either side.

There is really nothing worthwhile talking about until there is a press release or further financials. All of the negative articles will create food for the shorts. All of the positive releases will attempt to bump the stock back up.

Believe in one thing and only one thing...performance. If you notice how few people are posting now compared to when the company was truly caring about its public image, you can see that SLMU has essentially been abandoned by its management.

Soon the website will show nothing more since the projects will be moved to DSTI and SLMU will be taken over by others as compensation for their own claims. I actually think that will be a good thing for shareholders holding at these levels. It can't get much worse...

Sorry to correct you publicly. I never said it wasn't "True ground breaking". The picture with MM and the Samoan politician was obviously staged. The information supplied in the article, until proven otherwise, remains what is seen by the public.

Again, the company (and perhaps even Orsay) should be coming out with something and whereas minor stuff needs no response, this is about the single largest project they have announced. Its no small deal if they can't move it forward or lose it.

So once again their lack of news is creating a lot of speculation, even by me. It can be shut down with a press conference or a press release. With all of the executives now on board DSTI (most of which came through SLMU's CEO) it would not be too demanding of them to have them announce the status on their largest project. Yet if indeed they have issues, their lack of info is creating an opportunity for the "negative" news to take root and hold.

If it is then I hope you can at least agree that the SLMU reaction is very weak...in fact its non-existent.

That writer has written quite a few articles for the Samoa Observer and therefore must be careful not to participate in "hack jobs". I think the biggest issue is how slow SLMU management reacts to such news. The silence simply feeds the belief that the article is well founded.

a. i can agree that there is a degree of politics, however if contractors are past due, then rectify the situation.what bothers me here is that the Solar Samoa rep did not respond with a "no problems here" message. To defuse a fire, do it quick is the rule of thumb in business.

b. They would not PR if indeed they had no funding to announce. Has anyone explained how they are funding the project with no cash. This has not been explained so the possibility is strong that while they got the shovels into the ground based on goodwill, they would not continue working without payments.

c. DSTI only owns 10%. Therefore I doubt it can be called a material event under NASDAQ SEC rules.

IPW
I don't think its a lie. It is reminiscent of many prior projects from EPOD, ICP and Sunlogics PLC days so I'm not at all giving too much benefit of doubt, only suggesting that we be cautious to write off those projects. However, if they don't move quickly to rectify the situation with both Tennessee and Samoan subcontractors, they will lose the projects, so it means that these things need to be cleared up in days, not weeks or months.

I guess the question is when will they learn to start a project, complete a project...and THEN move onto the next one? Surely a 50MW project should have had all of their focus and proper funding. Yet again, the belief is that you PR it, sell some stock into the market, and then fund. Most companies do it the other way around..ensuring there is funding before breaking ground. That's where the Samoans are probably scratching their heads. I hope its all cleared up soon though, the price of power is quite attractive and would provide an amazing return to DSTI based on dwindling equipment costs.

Again, let's wait to see if this is all related to the fact that with a lawsuit from Radiant and incomplete share tender process, he is waiting for clarity before sending funds. He probably did not count on the lawsuit and that's why he is motivated to settle it. He absolutely needs to get the tender over, his shares converted into DSTI and then will likely negotiate an exit with other former directors from SLMU.

I suspect the timing is the only issue because clearly DSTI could raise funds with an all-clear, they are just doing things prudently and proceeding with caution, which is a good approach. Unfortunately the tennessee and samoa projects will suffer since the funding won't come until there is clarity. With some transparency to their other partners, they can hopefully not lose these projects.

I awoke this morning to an email from former colleague with that same link, so I forwarded it to some people who might be able to better answer why.

This doesn't seem right given ECO's history of delivering and how much SLMU is counting on them. I suspect that the issue may be related to the transition between SLMU and DSTI...who funds what.

Clearly SLMU has no funds right now so its probably a limbo situation where they have to complete the tender trade and asset transfer so that DSTI can then fund it. I'd wait for management to react before jumping to too many conclusions.

Unfortunately without transparency to the customer, they will be finding themselves in a re-tender position if they don't rectify quickly.

Martin
It was also a given that the Tennesse projects were underway....yet they are not.
It was a given that the Arise Ontario team would be creating profitable business...offices have been shuttered by landlord...they are not.
It was a given that Hawaii was a closed deal...it is not.
It was a given that Samoa would be underway by now...it is not.

If any of these projects were on their way...where are the progress pictures, the press releases showing this? So to make any statement as a "given" might be a bit stretching it.

While I would totally agree with anyone who would claim that there is hope...the only thing that is a given is what is DONE. Make "agreements to buy" is not "has purchased and closed". We all look forward to the Aussie's being the gem of the group, yet why weren't their sales recorded in the last Q?

Rather than focus on what AJ has or has not done, I think we'd make a lot more progress if these questions were answered.

S

I'm actually going to disagree with you on this one. The fact that there was loads of buying indicates that people who know are buying. What do they know? Another pump is on its way. There is no indication of any trouble from DSTI nor SLMU. Rather what you have is a repeat of sequence as follows:

1. Get the stock loaded down like a wet noodle by letting news dry up.
2. Collect as much of it in your hands as you can.
3. Lather it up with a couple of pumps.
4. Rinse and repeat.

Then you'll tell two friends, and they'll tell two friends...

I don't think that is the approach that will most benefit MM going into DSTI. Hopefully he is taking a long view on this and ensures that SLMU shareholders don't get burned in the process. My belief is that he has this in mind and therefore will ensure that the deal works for all. If you look today, six times the value is just $0.72 in value for DSTI. They can't stay at that value for long and remain on the NASDAQ. Penny stocks belong in OTC-pennyland.

Not enough information has been sent out to all shareholders of SLMU about the tender process and timing, and that lack of transparency is what is causing the share value to drop. If they don't announce soon, I agree with you, its headed below 0.10 per share quite easily simply because they have basically told the public "we are stripping SLMU of all of its assets and debts" and without a firm date of tender, people are getting anxious.

Orsay should NOT be providing information to certain investors and not to the entire public. This can lead to a lack of transparency in the SECs eyes. If they know its going ahead, then provide a date or process to ALL investors, not just those that call. Thats my point.

Somebody is buying a lot of stock at these levels. Its a familiar pattern just before a blowout announcement, yet the key is that only the promoter knows when to get in and get out. Until this stock is converted into DSTI and then you see whether or not its going to be a real business, nobody can predict where its going.

If iceman is being used by the CEO of SLMU to give them an "out", that's symptomatic of the very concern that the management won't "grow up" from OTC days to run a NASDAQ company as it must be. Giving them the benefit of the doubt, and not knowing if "iceman" is being paid to say that or not, its best to just wait and see what DSTI does.

I suspect that if DSTI shuts the tender down at the magic number which coincides with the SLMU CEO's shares, or a nominal amount added for SLMU board members or employees/contractors who are "coming over", then you'll see quite the SEC investigation. I know for a fact that they all read this board and while sometimes they see what I write as a "poke in the eye", what I am doing is in fact helping them see their own mirror.

With ECO and other opportunities, they really have a chance to move out of the "stock promotion" wheel into the corporate one. To make that leap takes delivery of projects with profits, not just promotion and speculation. Most of the people on this board are pure speculators who make a living out of penny world, yet some are genuine investors who are trying it out in the hopes that there is something opportune. Once SLMU's assets are stripped to match the debt that moved over, there is nothing left. And I suspect that is the strategy as regards the situation with Sunlogics PLC (now called Visole) and the possible negotiation of a share swap to end the lawsuits going on between the old directors of SLMU, the current directors of PLC and the CEO of SLMU.

You can't pay for this kind of daytime drama...actually you can...just invest in this stock without a clue as to where it goes, and the sleepless nights will be your guaranteed price to pay.

EF
These are my biggest concerns too. With all of the announcements, where are the closings? They can announce "have agreed to purchase" (which is not the same as "has concluded the purchase") all they want yet it still doesn't put EPS into the stock.

Perhaps they are waiting for the stock tender and then have DSTI do all the purchases? Things will get clear once that tender issue is out of the way. I suspect all goes into DSTI and SLMU shareholders who don't tender will be left holding a worthless shell with lawsuits up its wazoo...

Why were there no ECO Aussie sales in the Q reported?

I am not concerned about this. MM is said to be working behind the scenes to resolving the Radiant/Haverstock issue. This will likely be in some form of DSTI stock compensation, handing SLMU to them as a shell once he is done with it and has moved anything of value over to DSTI, or a combination of the two.

The injunction prevents SLMU from tendering stock in a merger, not anyone else. This is a moot point because the court was not asked nor could enjoin the shareholders from accepting a bonafide offer for their stock whether in cash or in another company's stock.

Herein lies the challenge for a management used to working in the OTC world in terms of how it operates in the NASDAQ sphere.

The same thing was seen at the Sunlogics Inc where I worked, where they regularly flaunted numbers of hundreds of millions of dollars in year two, and we all know how that worked out. I think they are just hitting $4M with no profits to speak of.

So I totally agree that for management to remain credible, they'll have to shed some old habits. Time will tell if they can do it or not.

There is food for fodder of both camps (positive and negative) in the report.

Firstly, its great to see revenues. This is the first time that SLMU records some and shows that it is indeed well on its way. Kudos to MM for the Aussie acquisition which surely accounts for either most or all of this.

Secondly, this balance sheet is before DSTI took over most of the debt, so we'll see a much cleaner balance sheet for the next Q as a result.

On the other hand, how do you sell $800K worth of goods and incur $400K more of bad debt? That's a big flag of concern. Its bad sales and financial management, or there is more to it than meets the eye if its a "one off" then they should explain it.

The losses are not surprising for a reporting, early stage company. Yet again, to be stating that by 2013 they will have positive EPS when there is no visibility of which projects will conclude by then is hard to forecast. Of course, on a road show, you put forth a most positive light and even if we cut this by 80%, the fact that in their first "DSTI-managed year" they will be earning money is a great step forward.

I'm sure each side of the equation is going to try to focus on its view of its report. I think the most important markers are:

1. Revenues now starting to stream
2. Tender offer concludes
3. New management takes over at DSTI, including new CEO.
4. Samoa or other projects get shovels in ground or systems on roofs

AJ

I remain confused about your presence on this board and its intent. Notwithstanding this, there are some good points which you make and some speculative ones which still have no basis in fact.

I would agree that SLMU will not maintain a value once the tender is complete. Its assets will have been stripped (transferred) in contra for the massive debt which DSTI will take on. I suspect that not long after taking on the debt, there will be some conversion to remove it from the books of DSTI and hand over millions of shares to MM, who is surely slated to become DSTIs new CEO in a short time.

I believe the Radiant issue will go away. Its just about giving them some compromise amount of shares in DSTI in contra for what they were owed by SLMU, given the reduced value of the assets they transferred over from Arise. I suspect Radiant takes back some assets (like technology) in contra for a reduction of shares issued, and the whole matter with the courts is resolved, thereby paving a clear path for the tendering and exchange.

What concerns me more is the appointment of Mark Rosebrough as President. He's from the old MM crew in EPOD and ICP and I don't remember him being too successful there. If something has changed, we'll find out shortly.

As many have said, "show me the performance". In the end, a NASDAQ listing is quite different from an OTC one. The margin of error for ineffectiveness is far less, the room for manoeuvring for promoters is much thinner and therefore the manner in which its governed must be quite different. That's what raises a flag for me when I see the new President. He has no experience leading a NASDAQ company and wasn't quite successful in leading OTC ones before. Hopefully the projects announced start to materialize, shovels hit the ground and rooftop systems are installed. That is the only hope for this company to become a true integrator in the solar industry.

Celt
As I've written previously, I sincerely doubt that Orsay will be kept on by DSTI once the deal is done. Once SLMU is taken over through the tender by DSTI, DSTI will need to really act like a NASDAQ listed company, which is serious about its listing and its responsibility to shareholders and the SEC.

I suspect that Orsay will then be thanked for its services and replaced by a professional IR group with NASDAQ credentials. If we look at the moves on the DSTI board and management announced, I think its fair to give credit to MM for moving "upwards" in terms of the quality and appropriateness of the team members in each area of responsibility. This will be a great challenge for him to manage and to create winning conditions for those team members to thrive and deliver on the promise.

If indeed the tender is happening in September, I expect Orsay to be history by November. So whether or not he is involved in tendering, etc.., he won't be the "talking head" for much longer. This isn't a criticism of Orsay, as he seems quite capable for an OTC listed company, as much as it is a reflection of the need to improve the image of the company in the eyes of shareholders, both current and future potential ones.

There is not a huge float in DSTI at this time, so its normal to see disparity in the stock prices. And until the deal is put into process, you can never be 100% sure of the offer being fulfilled. These are all very positive indicators that the deal will go through despite AJs rants.

Hopefully they will announce some "shovel in ground" somewhere at the same time. That would really be good for DSTI shareholders...

Fan,
You are almost accurate.

1. With regards to revenues, the Qs are the only barometer that count. If there is no shovel in the ground, nor system on the roof, there is no revenue in the Q no matter what the CEO tells us "with confidence".
2. With regards to SLMUs ownership of Sunlogics PLC, PLC recently changed its name to Visole in order to avoid confusion with Sunlogics Power Fund. It also seriously diluted the value of the SLMU shares in PLC through a re-investment found here http://www.cleanenergyauthority.com/solar-energy-news/gm-partners-increase-visole-funding-081512 which means that the value of those shares may be subject to revision through dilution, although if the new brand is more successful than the old brand, the shares could end up being worth much more (we need to know the true dilution effect of the new investment before commenting).
3. If Eco has the net revenues it claims, we will now see it in a Q.

As I've said to others, being a cheerleader is fine so long as you don't commit the same error as the naysayers...which is to extrapolate words into "facts". The only FACTS we can bank on is what we see in a Q. Everything else is subject to change, as we've seen in the past.

Glad that you wrote this post. Obviously, I just prefer transparency be the rule of the day.

Don't get me wrong, there is the makings here of a great story and returns for shareholders who either held through so many roller coasters, or even bought at higher levels than we are at today. The next month is critical to finding out if the promise is met by execution. The pedigree of the new executive team is stronger than ever assembled in SLMU before, so it looks like they understand that the NASDAQ-listed DSTI can't operate as SLMU has in the past, and that's a big step forward for the SLMU CEO. I am never hesitant to give credit where its due, so let's congratulate him on that and hope that this new team is really empowered to live up to its potential.

EF
In a way you are making AJs case for him by listing all of the projects announced, none of which have begun or closed execution.

1. Avatar not closed because they haven't paid any money. The business broker would welcome other offers until such time as SLMU/DSTI pay up what they owe to protect the agreement.
2. Samoa is shovel ready, great press conference...why aren't the shovels already in the ground?
3. Tennessee...should have been a slam dunk, nobody on the roofs, no equipment installed. Why?
4. Ecuador...permits can take decades and all they have acquired is a right to buy land "assuming" a solar program can be agreed with government. Maybe Julian Assange, once he gets safe passage to Ecuador from his hide-out in the Ecuadorian Embassy in London, can be hired to negotiate on DSTI's behalf?
5. Vancouver Island wind project potential..where is the wind project experience in the team? None that we see.
6. Arise offices in Ontario closed...just when the Ontario government announced a new set of opportunities in their feed-in-tariff program. Why?

So while I do agree that AJ has lacked professionalism in firstly hiding his identity, then making claims which proved untrue about his stock position, then continuing to bash SLMU/DSTI deal (although in a more tempered way), the manner in which to combat such things is not (in my opinion) to put up your own "proof" which are only words to date making them as disectable as his. The real manner in which to combat AJs of the world is to put up proof of delivery, nothing else will do it, and frankly speaking, nothing else should matter.

AJ
From a technical perspective, you are correct. From a realistic perspective, as outlined in my previous post, this would be suicide for DSTI, wanting to have a fresh start, unencumbered by lawsuits, unhappy shareholders and possible SEC investigations.

To buy the remaining SLMU shareholders won't take a lot of DSTI shares. Since they will likely increase the share count to allow for additional acquisitions, bonus/salary payments, etc..., the extra cost of buying the remaining SLMU shareholder shares will be minimal.

Legally and technically you are right. Practically, I believe you are painting a negative picture which will not likely come to fruition.

Rubs,

That would be a stupid thing to do on DSTI's part. Several investors, stuck in a shell with no assets left because it paid the CEO to move them over to another "shell", will likely initiate SEC investigations and more. I sincerely doubt that DSTI, with its valued NASDAQ listing, wants to raise the ire of true shareholders. For this reason, I suspect they will put a time limit and not a percentage limit on the tendering process.

That said, the interesting thing to watch is what happens with the debenture holders and lawsuits involving SLMU and its CEO. If those are not settled before the final tender period is over, then you have a risk that some opponents of SLMU or its CEO will be angry, although they may not have a legal leg to stand on. Anger unfortunately leads people to do irrational things, so I hope (as per my previous post) that things are settled before DSTI appoints its new CEO (the current CEO of SLMU).

From the bleachers viewpoint, what will be interesting is to see how this team acts with a NASDAQ listing, which is quite different from what you can do at the OTC level. PR's like yesterdays demean a NASDAQ listed company's image, although they are quite normal and commonplace at the OTC level. There will be a need for sincere and executed change in promotional/investor relations team and attitude once they all move up to the DSTI platform. Orsay will not survive the transfer as the official PR agent, and that may be perfectly fine with them.

V64

My take on it hasn't changed since the first time my name appeared on an SLMU press release in early 2011...the whole thing depends on a focused business plan and true execution.

To give you some context, so far, out of 4000 Chevy Dealers, there's only about 20 with solar canopies. And so far, not one GM roof has a solar system completed on it, and this after over a year of working with the Sunlogics team which had been led for over a year by SLMU's current CEO.

That said, there are new team members who have a history of delivering and if properly managed, will help SLMU/DSTI earn a new reality.

The challenge that this, and every other shell on the OTC have, is to distinguish fact from fiction and profits from puff stories. It can all "sound good", and "confident", yet will it DELIVER?

Armed with a Nasdaq listing, the question is will the combined entity ever see net profits. Don't buy into the "how can't it" line of thinking. Bet a little with money you're willing to lose and then after a single quarter with profits, you can believe this is the real deal...

If the CEOs of DSTI and SLMU truly give this company a chance to blossom, it will do things that SLMU on its own could never have accomplished had it stayed stuck to the GM business. So for this reason, I stand by a prediction of $4-5 for DSTI by end of year... I know that's aggressive, yet there are a lot of positives that I've never seen before in any play led by the CEO. I do repeat however that its better to get in and out of SLMU and to accept the tender by DSTI, rather than stay long term in SLMU. The risks are too great that it will lay dormant, filled with lawsuits, for a long time after the share tender period is over...

AJ
Since you never answered my request to discuss purchasing some of your 700K shares, I take it you have gotten out of that position? If not, it would seem counter-productive to be forecasting such a drop.

Now you've seen me mildly optimistic and pessimistic on this stock, depending on what has been fed the public and what I read on this board, during the 18 months I have been following or posting.

There is little question that SLMU shares will dip to $0.11 in my opinion. The question that does remain most likely difficult to answer is...when. Will this happen before the tender offer expires or after? I would bet with good certainty that the powers-that-be won't let it fall to $0.11 before, so the answer is clearly after and not only because the "powers" will have abandoned the shell due to its multiple complications and most probably in some form or negotiated settlement, yet mostly because the assets now claimed within SLMU will surely end up in DSTI. Nobody takes on $16M of debt without security coming along with it, and here it will likely be in the form of agreements or contracts in the works or signed.

The management announced in DSTI is BC based. SLMU is BC based. It doesn't take a rocket scientist to figure out where the balance of control will be. Don't be surprised if DSTI doesn't "announce" a Kelowna office of operations soon, and we can all guess where that will be located.

DSTI has a major opportunity if it closes on only part of the projects listed in today's SLMU press release. Albeit quite vague, the release of today is simply trying to tell us that business is as usual despite the legal rulings or ongoing shuffles at SLMU. And I think that MM has done a fair job (the marketing still leaves much to be desired) in accumulating a number of confirmed or potential projects, most of which are in areas that have higher power costs, thus permitting far higher ROIs than in the contiguous US states.

My prediction is that SLMU will stay above $0.20 into the tender completion. They will accept any stock tendered otherwise could face a major lawsuit from remaining SLMU shareholders and its not worth the issue to keep them angry. Once the tender period is done, I'd bet on your $0.11.

There is a good chance of this happening, if there is proof of concrete movement in any of the projects previously announced by SLMU. I think the CEO of SLMU has put the company in a very good position in terms of the future potential, my inputs on this board are only to help illuminate some of the opportunities and challenges that lay ahead for the stock to see its true potential. There is no doubt that he's done many positive things in the past few months which, if they come together, should propel the value of DSTI/SLMU far beyond where it is today.

S.

Whether MM is suing them or they are holding him liable for employee contracts which they feel went beyond the reach of his authority, the fact is that its a mess. If you think that DSTI is going to be "left alone" because assets of SLMU are going to be transferred to it, I think you are dreaming. DSTI will only have peace if the people chasing SLMU are somehow appeased. Since SLMU was handed MM's PLC stock and became a large shareholder in PLC, there is some link here with DSTI, specially if DSTI becomes the largest holder of SLMU stock through the exchange program.

I stand by my premise that if compromising heads prevail, rather than righteousness, they can solve these legal battles cleanly and for good.

Everyone involved (sunlogics PLC, former PLC employees that have not yet been paid their severances, former SLMU directors, Radiant) who has an argument involving the SLMU CEO could come out a winner here.

A summary of the legal battles (those that I know of):

1. PLC suing CEO of SLMU for mismanagement, misappropriation.
2. Former SLMU directors suing MM for the shares he promised them in various companies yet did not deliver.
3. Radiant suing SLMU for its shares
4. Former employees suing PLC for their backpay and severances.
5. SLMU suing PLC for solar farms in Ontario it sold to others without respecting the right of first refusal.

If everyone put their egos in a can for a few hours, this is all quite resolvable:

1. SLMU hands back most or all assets transferred to it by Radiant and Radiant removes its claim and gets a bunch of SLMU shares (After the tender period with DSTI has closed since we assume that DSTI wants nothing to do with Radiant).
2. Former SLMU directors get all the shares they were promised in SLMU from either DSTI or treasury (we're going to assume that CEO of SLMU has tendered all of his shares or those in his control for DSTI shares).
3. SLMU ends its lawsuit against PLC for the solar farms.
4. PLC holds MM harmless for the employee severance issues (it has recently gotten about $9M in funding from GM and the other funds so it has the cash now)
5. Former employees are paid out a majority of their claims against PLC.
6. Radiant and former SLMU directors end up with majority control of a shell which can be cleaned up and turned into a vehicle for another venture.


Everyone walks away from the legal entanglement which could last years. Former employees and directors of the "sunlogics companies" move on with their lives, Radiant gets back the assets it had brought into the picture as well as SLMU shares, and DSTI has no fear of more legal issues regarding the past. Since SLMU is now controlled by insiders they can issue themselves more shares and do whatever they want with it.

This probably makes too much sense for the powers that be and so will not likely be adopted, yet it would give everyone a clean break from the past. If all of this was to happen, then I believe DSTI would have a very clear path to profitability with the new directors connections, the Samoa and Australia businesses and assuming it will bring more business as an integrator/project developer which is not very capital intensive and refrain from many of the mistakes made in the management of SLMU and PLC.

AJ

So good of you to re-appear. I did reach out to you in order to buy some of your shares, yet you never answered me. Perhaps you are really just sent in to promote a position which frankly still baffles most.

As for the court order, it prevented SALAMON from entering into any share exchange. If I own one share and someone offers me to buy it, that's between ME and THEM, and the court can NEVER interfere in this judgment between Radiant and SALAMON. The emphasis here is that SLMU cannot do anything to move its own shares, yet nowhere do I read that I would be prevented from handing shares over to DSTI if I so choose, thereby making DSTI the new owner of my shares.

As for the assets that are frozen...they are worthless in my opinion and I think its safe to say that both parties are at fault for promoting (and allowing such promotion) of too much hype with too little "meat".

Don't mean to burst bubbles, yet there are far more experienced firms that Coke would likely deal with for such projects. Brands like that will do huge DD before engaging contractors to build solar energy systems for them. They have longstanding relationships with large electrical supply companies, most of which are doing solar projects today. That is why SLMU is best to focus on personal relationships, outlying areas and smaller projects that don't demand that it "opens its kimono" only to reveal the skeletons that are there.

As for SHARP, they have their own solar division so no need for an SLMU to do anything for them...

I think that all of the "noise" is taking focus away from fundamentals in this scenario.

If indeed the hedge funds sold "over valued" assets to SLMU in contra for the convertible notes, then both are at fault..the funds for thinking they could play "smart" (whether by over-valuing or the shorting) and SLMU is to be held accountable as well (for either overpaying in naive fashion or making promises it never intended to deliver on). In my estimation, neither is "lilly white" in this scenario, yet the funds simply miscalculated their play, and by putting up false people like Andrew John, they've shown a card which is to their eventual detriment.

Within the next 30-45 days, I expect we will see people tendering their shares for DSTI shares. I expect this to be a circumvention of the court order which the court is powerless to stop. I expect that the funds will then be caught with worthless shares and then offered a "compensation" package to make them go away which will be far less lucrative than they had hoped, in great part because the assets they brought were not as valuable as presented.

I expect that we will begin to see some reality to all of the projects (whether in Ontario, Tennessee, Hawaii or Samoa) from which we will then determine what is real and what is just fluff.

I expect DSTI to perform much better under a new business strategy which pulls it away from trying to compete with technologies and puts it closer to the delivery of real products with real margins.

A. DSTI CEO is not doing this for MM's blue eyes.
B. If Haverstock/Radiant thought SLMU was tanking, they wouldn't bother with this at this time.

It does look good for SLMU shareholders, yet at this time we really have to see an improvement in investor relations beyond "don't worry" conversations with a company in Brooklyn with not much history in sustainable IR initiatives. I am hoping that both the CEOs realize its time to move it up a knotch in terms of marketing and investor communications...

I have to agree. The issue remains why does it always take court action to get people to resolution? Because we have come to use lawyers as pawns and the justice system as a way to attempt to extract that which we did not agree to.

I truly hope that Radiant and SLMU set aside their differences, as did the CEOs of SLMU and DSTI. There is far more to gain from working together than from counting other people's pocket size.

With only 24000 sold today, the end of day price is not indicative of where things are heading...